Thursday, 29 November 2012

Direct Cash Transfer Scheme By The UPA Government

Direct cash transfer against the schemes having subsidized commodities, there is a slight difference in terms of economics but becomes large at its socioeconomic impact. In a scheme where, government is giving subsidy, there is a realization of being helped among the beneficiaries and they took it as their right to be protected and secured. The prize of subsidized commodities are lower than the current market prize and they can purchase it by spending a little amount of money. But in direct cash transfer schemes, beneficiaries are provided with some amount of cash in place of subsidies. Here, a person who is awarded with some amount of cash under the above scheme, may spend it on some other needs instead of those for which he get with that amount of cash from government. A good example is of U.P. Government's "Kanya Vidyadhan Yojna" . Here, U.P. Government gives a good amount of cash to those girls passing senior secondary examination for their further education, but in most of the cases, it has been spent for some other reasons. Moreover,challenges like the existing problems in wage payment, signifying the correct beneficiaries, etc. under the MGNREGA and the suspected ground basic problems in Aadhar cards may prove the biggest hurdle in the UPA Government's dream of being the best helping hands of the poor and needy.

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